Friday, May 23, 2014

Their national pastime is chess?

The St Petersburg Times laments the dangers to the Russian middle class;
Russia’s economic growth rate has plummeted from 4.3 percent in 2011 to 1.3 percent last year. Official forecasts for 2014 have been slashed repeatedly in recent months and now hover around 0.5 percent, while independent experts talk of zero growth.
The government has reacted by ramping up pressure on businesses.
Happy countries may not be all alike. Unhappy countries all inflict their own wounds.

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